9 year WALE - 5.9% passing yield*
309-311 Fitzgerald Street, West Perth, WA 6005
Ray White Commercial (WA) is pleased to present 309-311 Fitzgerald Street for sale.
The property is a service station on a 1,077sqm* corner lot offering significant future development opportunities. It is located in the commercial precinct of West Perth, on the corner of Vincent Street, Fitzgerald Street and Eden Street, approximately 2 kilometres west of the Perth GPO.
Property Features:
- 10 year lease to Puma Energy exp Dec 2026 plus options
- Future multi-level mixed-use redevelopment potential
- 1,077sqm* corner lot with 3 street frontages
- $258,750* pa net income
- 3.5%* annual increases
- High profile corner location with 33,460** traffic count
For further information or to arrange an inspection, please contact:
Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com
Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com
*Approximately
**Main Roads Traffic Digest 2014-2015
Stephen Harrison
Brett Wilkins